Explorer

Citizens 'upset' over GST, allege improper disbursal of benefits

New Delhi [India], Mar. 11 (ANI): As the implementation of the Goods and Services Tax (GST) crosses 250 days, consumers through a survey highlighted that not enough benefits were flowing their way.

Furthermore, a majority of the respondents claimed that they were not receiving GST invoices for many of their purchases, and brands were not passing the benefits of input tax credit to consumers, as per a survey conducted by citizen engagement platform, LocalCircles.

59 percent respondents said the GST enabled better tax collection for the government, 12 percent said it made doing business easier, while 9 percent said prices for consumers had lowered.

However, 34 percent citizens noted that despite the benefits, vendors sold their products without a GST invoice, around 25 to 50 percent of the time.

In terms of dining in restaurants, 50 percent citizens said costs had increased by 0-10 percent post-GST, 7 percent said it had reduced by over 10 percent, 14 percent said it had reduced by 0-10 percent and 29 percent said it was the same as in the pre-GST period.

Citizens also complained that restaurants did not pass on the benefits of the lowered GST to them, and, in turn, kept the final pricing the same. While the abolishment of input tax credit was blamed for this, citizens stated that in the end, they were forced to bear the brunt of higher bills.

Furthermore, 6 percent of the respondents said their monthly household grocery bill was lowered by over 10 percent, 13 percent said it lowered by 0-10 percent, 36 percent said it was unaffected, while 45 percent said it had increased by 0-10 percent.

Many brands have benefitted from the input tax credit that they received while buying raw materials, but did not reduce the maximum retail price (MRP) of their products, resulting in benefits not flowing down to the consumers, citizens said.

On a related note, the new taxation scheme was launched on July 1 last year and was hailed to be an economic revolution. While initial hiccups were detected, the overall GST process and collection, as per citizens, seemed to be settling down. However, its positive effect on the lives of the end consumers is yet to be concretely ascertained. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
Kejriwal To Stay Delhi CM From Jail As High Court Finds 'No Legal Bar,' Ball In LG's Court Now
PM Modi Calls Congress A 'Bully' After Lawyers Write To CJI. Here's What He Said
PM Modi Calls Congress A 'Bully' After Lawyers Write To CJI. Here's What He Said
Roof Collapses During Renovation Work At Chennai Bar, 3 Dead
Roof Collapses During Renovation Work At Chennai Bar, 3 Dead
Arvind Kejriwal To Stay In ED Custody For 3 More Days — A Timeline Of Delhi CM's Battle In Courts
Arvind Kejriwal To Stay In ED Custody For 3 More Days — A Timeline Of Delhi CM's Battle In Courts
Advertisement
for smartphones
and tablets

Videos

Elvish Yadav's reaction on Munawar Faruqui's arrest, Watch Video | HOT NewsNawazuddin Siddiqui And Aliya Fixes Relationship Disbalance For Kids Upbringing | Khabar Filmy HaiRamayana: Sakshi Tanwar dismisses speculations of being a part of the movie, Watch videoWill there be a date clash between Bigg Boss 18 and Lock Up Season 2? | HOT News

Photogallery

Embed widget